Kodiak Gas Services, Inc. (KGS) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Utilities
Natural Gas TransmissionSEC EDGAR

Kodiak Gas Services, Inc. (KGS) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Kodiak Gas Services, Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: Operator of large horsepower contract compression infrastructure supporting natural gas/oil production and transport in key U.S. regions
  • New emphasis on electric motor driven compression deployment under long-term fixed-revenue contracts to reduce emissions intensity
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Management Discussion & Analysis

  • No revenue or profitability figures disclosed in MD&A; focus on operational and regulatory risks
  • Concentrated operations in Permian Basin and Eagle Ford Shale, vulnerable to regional disruptions and supply-demand shifts
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Risk Factors

  • Regulatory risk from One Big Beautiful Bill Act 2025 impacting U.S. tax law and permanently reinstating full expensing of qualified capital expenditures
  • Geopolitical exposure: 82.8% of compression assets deployed in Permian Basin and Eagle Ford Shale, subject to U.S. Gulf Coast LNG export growth and related energy policies
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Kodiak Gas Services, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$1.3B

+12.8% YoY

Net Income

$81M

+61.4% YoY

Operating Margin

26.0%

+448bp YoY

Net Margin

6.2%

+185bp YoY

ROE

6.7%

+304bp YoY

Total Assets

$4.3B

-2.6% YoY

EPS (Diluted)

$0.89

+58.9% YoY

Operating Cash Flow

$600M

+82.9% YoY

Source: XBRL data from Kodiak Gas Services, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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